DH Capital, LLC

July 11, 2011 12:39 ET

DH Capital, LLC Advises Mediastream on the Sale of Its Cable System to James Cable

NEW YORK, NY and BOULDER, CO--(Marketwire - Jul 11, 2011) - DH Capital, LLC, an investment banking firm serving the communications and Internet infrastructure sectors, announced today that Mediastream has completed the sale of its cable system to James Cable LLC. The system serves approximately 9,000 video subscribers in communities in and around Waycross, Georgia.

"The team at Mediastream is excited about the transition and the new opportunities that James Cable will bring," commented Michael Jury, General Manager of Mediastream. "DH Capital's assistance from start to finish in this transaction has been invaluable."

"I have worked with the ownership and management of Mediastream for several years and, while sad to leave the cable business, they are glad the community will benefit from the transition to James Cable," stated Joseph Duggan, Chairman and Co-Founder at DH Capital, LLC. "James Cable and their operating team have a long history in the cable sector and we expect they will meet with great success."

DH Capital served as exclusive financial advisor to Mediastream.

About Mediastream

Mediastream began as Waycross Cable Company in 1964 and has served the Waycross area through this long history. Since 2009, Mediastream has offered digital television, HD television, Video on Demand, the fastest high speed internet service available in Waycross, and digital phone service. In 2010, Mediastream introduced Techs-To-Go and Security Solutions to their suite of services.

About DH Capital, LLC

DH Capital is a private investment banking partnership serving companies in the communications and Internet infrastructure sectors. Headquartered in New York City with offices in Boulder, Colorado, the firm's principals have extensive experience and proven abilities in capital formation, finance, research, business development, and operations. DH Capital provides a full range of advisory services to companies and financial institutions, including mergers and acquisitions, private capital placements, financial restructuring, and operational consulting. DH Capital has completed M&A transactions and private capital placements totaling more than $4 billion in value.

For additional information about DH Capital, please contact us at 212-774-3720 or visit our Web site at

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